Employees may think quitting in response to their company’s RTO mandate is a solid retaliatory reaction to their bosses, but it may actually be just what companies need.
The Fed Beige Book report, published eight times a year, summarizes current economic conditions across the 12 Federal Reserve Districts. It is based on interviews with business leaders, economists, and other local contacts for a real-time look at the economy.
The report highlighted that multiple districts this month have “encouraged” attrition with return-to-office mandates.
But even for the workerks who ditch their jobs in response to more days commuting to the office, the grass might not be greener on the other side of the corporate job market.
Another nail in the coffin? AI. The Fed’s Beige Book also referenced the technology that is assisting organizations with silently trimming down headcount.
Though the Fed’s research was published last week, it’s not the first time CEO’s have admitted RTO mandates were meant to make staff quit.